Seller: SUNTRUST MORTGAGE INC Seller: MISKOWIC HOMES, LLC Seller: WINTER/SHIRLEY R ESTATE Address:Real Estate Transaction • April 5th, 2021
Sept. 6 - Sept. 12, 2024Real Estate Transaction • September 24th, 2014
Reserved]Real Estate Transaction • May 5th, 2020
Example 6 Gross proceeds (contingencies). K, an individual, sells an unencumbered apart- ment building to L for $500,000, payable at closing, plus an amount equal to 2% of gross rents from the apartment building for each of the next 5 years, the contingent payments to be made annually with adequate stated in- terest. The agreement provides that the maximum amount K may receive (including the downpayment but excluding the interest) is $600,000. Under paragraph (i)(3)(ii) of this section the real estate transaction is a ‘‘contingent payment transaction.’’ Under paragraph (i)(3)(iii) of this section, the max- imum amount of gross proceeds determined by assuming all contingencies are satisfied is
ContractReal Estate Transaction • May 5th, 2020
these parcels (the “Gravel Pits”); the fourth parcel was undeveloped (the “Industrial Property”). The agreements memorializing these transactions are similar, but not identical. In this proceeding, KI acknowledges that it sold the Gravel Pits to DRB, but claims that the transaction involving the Industrial Property was not a sale, but rather an equitable mortgage. DRB disagrees and asserts clear title to all four parcels. This ruling resolves this dispute, at least at the trial level…for now.
ContractReal Estate Transaction • December 23rd, 2020
house on John Anderson Drive was the top real estate transaction for July 23-29 in Ormond BeachReal Estate Transaction • September 5th, 2023
and Ormond-by-the-Sea. Robert and Kristyn Tupper, of Brea, California, sold 585 John Anderson Drive to Tabitha Townsend, of Ormond Beach, for $685,000.
